India’s ride-hailing company Ola on Monday secured $2 billion (roughly Rs. 13,114 crores) in new funding from a group of investors, including SoftBank Group Corp and Tencent Holdings Ltd, Bloomberg reported, citing a person familiar with the matter. The funding round isn’t finished yet and the amount could change, the person said. The funding is ... Read More »
Grab, Uber Technologies Inc’s biggest ride-hailing competitor in Southeast Asia, said it expects to raise $2.5 billion (roughly Rs. 16,104 crores) in its latest financing round that will help bolster its leading position in the region and grow its payments platform. Chinese peer Didi Chuxing and Japan’s SoftBank Group Corp, both of which ... Read More »
Telehealth companies Teladoc and Avizia have secured new financing to support innovation and growth in a booming telemedicine industry. Lewisville, Texas-based Teladoc said in a news release Monday that it obtained $50 million in new capital via a $25 million term loan and a $25 million revolving line of credit ... Read More »
As even the least attentive school-age students of history will recall, Howard Carter’s discovery of Tutankhamun’s tomb in 1922 was the archeological discovery of that century. Now a find of similar importance could be soon unearthed – in a chamber directly behind that of the boy king. Radar scans of ... Read More »
